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Drugmakers are ‘throwing the kitchen sink’ to halt Medicare price negotiations

nytimes.com

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Re: Drugmakers are ‘throwing the kitchen sink’ to halt Medicare price negotiations

#11

Post by mc32 »

selectodude wrote: post #9
kelipso wrote: post #8

Earlier quoted context omitted.

Yeah, how many millions of government employees and contractors who have to be under very strict gift policies and much lower salaries. Somehow they stay in their jobs without taking bribes.

Frankly it's unreasonable that a supreme court justice should be expected to only have two modest homes instead of three enormous ones.

I agree it’s unreasonable that avowed socialists should maintain multiple homes as well, but here we are. How do freshman Congress people suddenly have millions in assets to their names?

Re: Drugmakers are ‘throwing the kitchen sink’ to halt Medicare price negotiations

#12

Post by retrac »

callmeal wrote: post #7
synetic wrote: post #5

Earlier quoted context omitted.

Justice Thomas said (in 2001) that for the pay they receive no one would take the job if not for the gifts.

> Justice Thomas said (in 2001) that for the pay they receive no one would take the job if not for the gifts^H^H^H^H^H bribes. FTFY. As of 2022, the salary of a US Supreme Court Justice is $274,200 per year. The Chief Justice of the United States, who is the head of the Supreme Court, receives a slightly higher salary of $286,700 per year. Of course no one will take that job. How much does a banana cost again? $10?

How much could a good lawyer with a long and distinguished career make in the private market? That's how much we should be paying our judges. If you want the best you have to at least be moderately competitive with what's on offer. I have a similar opinion about legislators -- we probably want top tier doctors and executives and lawyers as our legislators. Being elected to office should not be a step down in their lifestyle.

I see private compensation for elite talent being completely out of whack -- the prices the public service must compete with -- as basically a separate issue.

Historically, a generous salary for legislators and various other high offices was part of the progressive/left platform in both the UK and France. They weren't paid before the 19th century, ensuring only the independently wealthy could hold those offices.

Re: Drugmakers are ‘throwing the kitchen sink’ to halt Medicare price negotiations

#13

Post by OO000oo »

mc32 wrote: post #11
selectodude wrote: post #9

Earlier quoted context omitted.

Frankly it's unreasonable that a supreme court justice should be expected to only have two modest homes instead of three enormous ones.

I agree it’s unreasonable that avowed socialists should maintain multiple homes as well, but here we are. How do freshman Congress people suddenly have millions in assets to their names?

This is a bad joke, right? Would you hold the politicians that you support to the same standards? Of course not, and none of Bernie’s supporters could possibly care less if he has a home in Vermont and a home in DC just like literally every single senator.

You can't possibly even know what socialism is if making such an airheaded comment.

Re: Drugmakers are ‘throwing the kitchen sink’ to halt Medicare price negotiations

#16

Post by toomuchtodo »

BurningFrog wrote: post #15

Obligatory reminder that "negotiations" in this case just means that Medicare dictates a price.

Medicare dictating a price sounds fine. Gravy train is ending (pharma dictating the price) and pharma is in shambles.

I’d like the Times and the media in general to start reporting the names of the individuals participating in these efforts, instead of faceless corporations.

Re: Drugmakers are ‘throwing the kitchen sink’ to halt Medicare price negotiations

#18

Post by nocoolnametom »

mc32 wrote: post #11
selectodude wrote: post #9

Earlier quoted context omitted.

Frankly it's unreasonable that a supreme court justice should be expected to only have two modest homes instead of three enormous ones.

I agree it’s unreasonable that avowed socialists should maintain multiple homes as well, but here we are. How do freshman Congress people suddenly have millions in assets to their names?

I know, right? It's like, I don't even want to HEAR about your ideas on how to fix a broken system unless you've taken the personal responsibility to try and reorient your personal life to adhere to your proposed ideas while continuing to try living in the still-broken system even if that personal transition, without any systemic changes to the surrounding culture and community, make your new life impossible to live.

That's the way we _always_ implement change in America!

*Also, do you not like that the socialist merely _has_ two homes, or do you not agree with the reasoning behind _why_ they have two homes?

Re: Drugmakers are ‘throwing the kitchen sink’ to halt Medicare price negotiations

#19

Post by johndhi »

retrac wrote: post #12
callmeal wrote: post #7

Earlier quoted context omitted.

> Justice Thomas said (in 2001) that for the pay they receive no one would take the job if not for the gifts^H^H^H^H^H bribes. FTFY. As of 2022, the salary of a US Supreme Court Justice is $274,200 per year. The Chief Justice of the United States, who is the head of the Supreme Court, receives a slightly higher salary of $286,700 per year. Of course no one will take that job. How much does a banana cost again? $10?

How much could a good lawyer with a long and distinguished career make in the private market? That's how much we should be paying our judges. If you want the best you have to at least be moderately competitive with what's on offer. I have a similar opinion about legislators -- we probably want top tier doctors and executives and lawyers as our legislators. Being elected to office should not be a step down in their li…

To answer your question, lawyers of the capacity of the SCOTUS justices could expect to make about 4 million a year.

Re: Drugmakers are ‘throwing the kitchen sink’ to halt Medicare price negotiations

#20

Post by johndhi »

CogitoCogito wrote: post #17
BurningFrog wrote: post #15

Obligatory reminder that "negotiations" in this case just means that Medicare dictates a price.

Are the drug companies forced to provide the drugs at that price?

From what I understand the drug companies are saying 'yes.' they would have no ability to walk away from negotiations.
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